Assuming a 1 year money market account investment at 3.94 percent (APY), a 2.87 percent inflation rate, a 25 percent marginal tax braket, and a constant $50,000 balance, calculate the after-tax rate of return, the real rate of return, and the total monetary return. What are the implications of this result for cash management deisions?
Assuming a? 1-year, money market account investment at 3.94 percent? (APY), a 25 percent marginal tax? bracket, and a constant ?$ 50,000 balance the? after-tax rate of return is
____?%. ?(Round to two decimal? places.)